The American Iron
and Steel Institute is reporting that steel import permit applications in
April totaled 2,894,000 net tons (NT), a 3.6-percent increase over the
permit tons recorded in March and a 27.4-percent increase over the final
imports total in March.
tonnage for finished steel in April was 1,983,000, up 6.6 percent over the
final imports total in March.
For the first four
months of 2019 total and finished steel imports were 11,079,000 NT and
8,039,000 NT, down 11.1 percent and 17.2 percent respectively from the
finished steel import market share in April was 21 percent and is 21 percent
in the year-to-date.
imports with significant month-over-month increases in April included
standard rails (up 223 percent); sheets and strip electrolytic galvanized
(up 153 percent); wire rods (up 80 percent); black plate (up 70 percent);
cut lengths plates (up 49 percent); sheets and strip hot dipped galvanized
(up 18 percent); hot rolled bars (up 16 percent); and hot rolled sheets (up
significant year-over-year increases included line pipe (up 21 percent); and
wire rod (up 13 percent).
In April, the
largest finished steel import permit applications for offshore countries
were for South Korea (234,000 NT, up 35 percent from March final); Japan
(160,000 NT, up 61 percent); Germany (141,000 NT, up 50 percent); Brazil
(68,000 NT, up 403 percent); and Taiwan (63,000 NT, down 43 percent).
Through the first
four months of 2019, the largest offshore suppliers were South Korea
(956,000 NT, down 33 period from the year-ago); Japan (489,000 NT, down 1
percent); and Germany (450,000 NT, up 10 percent).